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Med Mal News
2011 Health Care Fraud Recoveries Top $4 Billion
In a Feb. 14 report to Congress, the U.S. Department of Justice (DOJ) tallied its successes in investigating and prosecuting health care fraud in 2011. As a result of these achievements, last year 743 defendants were convicted of crimes related to health care fraud, and the federal government recovered a total of $4.1 billion in judgments, civil penalties and settlements. Among those convicted was a Florida doctor who diagnosed almost all his patients with a rare blood disorder, which he treated with expensive medications in order to receive Medicare reimbursements. A California defendant was found guilty of recruiting approximately 200 Medicare recipients off the streets and telling them that if they gave her their Medicare information she could get them expensive power wheelchairs that they neither needed nor wanted. And the co-owner of two Michigan nerve conduction clinics was convicted of a Medicare fraud scheme involving payments to recruiters for bringing patients to the clinics for unnecessary tests. The report is available at: http://oig.hhs.gov/publications/docs/hcfac/hcfacreport2011.pdf
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.